More EMI pain for borrowers? RBI’s rate hiking days may not be over yet with high oil price pressures & global turmoil
Monday, 6 November 2023
RBI not done with rate hikes? Global markets are closely monitoring the tense geopolitical situation in Europe and the Middle East, as it could impact oil prices and prompt action from the Reserve Bank of India. Morgan Stanley warns that sustained oil price increases could strain India's economic stability and currency.
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